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Property profile & analytics
OFF-MARKET
Estimated value
$8,340,000
Industrial properties
7926 Madison St 8010, Burr Ridge, IL 60527-5806
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US28-2888062
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1976
Total area
77,924 SF
Lot
4.01 ac (174,676 SF)
Zoning code
N
APN
09-35-205-020
UPID
US28-2888062
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.04M
CAP Approach
CAP
$5.16M
Comparable Approach
Comparable
$8.30M
Blend (final)
Blend
$8.34M
Owner & transaction history
Ord Chicago Workspace Ms LLC · 3 yrs held
Ord Chicago Workspace Ms LLC
since 2023
Last sale
$8.8M
7 recorded transactions
Zoning & alternative use
N · Burr Ridge, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Burr Ridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burr Ridge submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$7,770,000
ML approach
$8,035,000
CAP Approach
CAP Return
Estimation
6%
$5,590,000
6.5%
$5,160,000
7%
$4,790,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$9,795,000
Current use
Blend value · Realmo final
$8.34M
Range $7.51M – $9.17M · ±10% · vs last sale $8.80M (Jul 6 2023)
Last sale anchor
$8.80M
Jul 6 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$107 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$75,248
Tax year 2023
Assessed value
$1,460,840
Assessed 2023
Previous assessed
$1,370,140
+6.6% YoY
Effective rate
5.15%
On assessed value
Assessed land
$546,110
Assessed improvement
$914,730
Land market value
$1,638,330
Improvement market value
$2,744,190
Total market value
$4,382,520
Applied tax rate
9,257.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1976
Heating
NONE
Stories
1
Total area
77,924 SF
Lot
4.01 ac (174,676 SF)
Zoning code
N
APN
09-35-205-020
UPID
US28-2888062
Jurisdiction
DU PAGE
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
N · Burr Ridge, IL
Zoning N · permitted uses
N · Burr Ridge, IL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burr Ridge. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$9.8M
INDUSTRIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1976
Heating
NONE
Stories
1
Lot
4.01 ac
Current owner
From public records · entity-resolved
Ord Chicago Workspace Ms LLC
Entity
Mailing address
19000 W BLUEMOUND RD, BROOKFIELD, WI 53045-6073
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2023
$8,800,000
Ord Chicago Workspace Ms LLC
Mbc 57 LLC
Special Warranty Deed
$22,000,000 · First Business Bank
Apr 28, 2021
—
Mbc 57 LLC
—
Deed
related
$3,900,000 · Busey Bank
Jun 6, 2017
—
Mbc-57 LLC
I-57 Mckinley LP
Quit Claim Deed
related
—
Nov 4, 2016
—
I-57 Mckinley Limited Partnership
—
Deed
related
$3,805,323 · The Leaders Bank
Apr 29, 2015
$4,820,000
I-57 Mckinley Limited Partnership
Burr Ridge Lakeside LLC
Special Warranty Deed
$3,615,000 · Mb Financial Bank NA
Apr 29, 2015
—
Jes Burr Ridge LLC|res Burr Ridge LLC
Burr Ridge Lakeside LLC
Quit Claim Deed
—
May 10, 2005
—
Burr Ridge Lakeside LLC
Jes Lakeside LLC
Quit Claim Deed
related
$4,400,000 · General Electric Capital Corp
Jun 27, 2003
—
Burr Ridge Lakeside LLC
Shaffer,john E
Quit Claim Deed
related
—
Jun 27, 2003
$3,800,000
Burr Ridge Lakeside LLC
Chicago Title Land Trt Co Ttee
Grant Deed
$3,500,000 · National City Bank Michigan/il
—
—
Chicago Title Land Trust Ttee
—
Deed Of Trust
related
$86,000 · Manufacturers Life Insurance
—
—
I-57 Mckinley LP
—
Loan Modification
related
$3,840,000 · Mb Fin'l Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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